Some of us paid $1.92 a share for STON last September. They got an offer yesterday to be acquired at $3.50. I sold all my shares at $3.42. It’s not the double or triple I had hoped for in “two or three years,” but 78% in eight months is good enough. Chances are, if […]
I haven’t read it, but who can resist Bette Midler’s ultra-succinct, possibly unfair (remember, I haven’t read it), blurb for David Gelles’s The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America—and How to Undo His Legacy, excerpted here.
I’m a fan of former Defense Secretary Robert Gates.
Level-headed, modest, honest, superbly competent and decent.
If you missed Sunday’s “Face The Nation,” you might want to watch.
Or read the transcript:
MARGARET BRENNAN: Mr. Secretary, thank you for your time and for having us here again.
FORMER SECRETARY ROBERT GATES: Always […]
SIGA, last mentioned here ages ago at $3.75, was quoted at $15.33 in after-hours trading last night. Fear of monkey pox being perhaps overdone (see below) — I’m selling the shares I have left.
Likewise, much of my CMRX, up 60% since mentioned here last week. (Again, see below.)
Did you see that […]
Old but fascinating: Octopi are just so special. Stop eating them!
I’m pretty good at Words With Friends (and a “genius” every morning with Spelling Bee). Do you know who regularly beat me, back when she had time to play? The new White House press secretary, Karine Jean-Pierre. Hats off to her.
Six minutes that speak worlds. In Russian, on state-owned TV, with subtitles.
As the Times explained:
A military analyst on one of Russian state television’s most popular networks left his fellow panelists in stunned silence on Monday when he said that the conflict in Ukraine was deteriorating for Russia, giving the kind of […]
Stocks we bought with money we could truly afford to lose are way down, so this seems to be a good time to tell you that — in taxable accounts — what I usually do when a stock is way down is buy more. Then wait 31 days to avoid the “wash sale rule” […]
At least as of now, the good guys are winning. The details are interesting and heartening.
In backing Putin’s mass murder, Patriarch Kirill seems me to have misinterpreted Christ’s word.
All the more troubling that, as noted yesterday, he is attracting American Evangelicals to his church.
I have caused great calamities. I […]
Last week I posted Paul London’s Beware Inflation Hawks.
Today: Kevin Drum’s How High Is Medical Inflation? (Thanks, Matt.)
One obvious answer: Too high!
See, for example, One hundred and ninety-three House Republicans voted against capping the price of insulin at $35 a month. (“Americans pay about five to eight times more […]